LI.FI has raised $29 million in funding, with Multicoin and CoinFund leading the round.
By: theblockbeats.news|2025/12/11 15:15:57
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BlockBeats News, December 11th. According to Fortune magazine, cryptocurrency startup LI.FI has completed a $29 million financing round, led by Multicoin and CoinFund, bringing its total funding to approximately $52 million. LI.FI plans to expand into different trading areas, including perpetual futures, yield opportunities, prediction markets, and lending markets, and also plans to use this new funding to hire more employees.
LI.FI's co-founder and CEO, Philipp Zentner, stated that LI.FI has been profitable, earning revenue through transaction fees, but he refused to disclose specific revenue numbers. As of October, the company's monthly trading volume reached $8 billion, about seven times higher than the same period last year. The company has over 100 employees.
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